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Back 404/435 Nepean Highway
Off Market

404/435 Nepean Highway

Frankston VIC 3199

1
1
Apartment
Last sold for $225,000
Adrian FosterAdrian Foster, last sold this property on 03 October 2025 after 0 days on market.

Overview

Exceptional Residential Investment Bayview Apartment Leased to Quest

Property Highlights: Premium west-facing apartment with stunning bay views Securely leased to Quest offering hands-off income (option to end lease upon expiry and either rent privately or move in yourself) Beautiful bay views from the balcony, living area, and kitchen Immaculately presented and in as-new condition Fully furnished and air-conditioned throughout Spacious open-plan living and dining area Contemporary kitchen with excellent storage solutions Separate bedroom and a sleek, modern central bathroom Secure entry with lift access Residents/guests enjoy access to a well-equipped gym and expansive rooftop BBQ area with sweeping bay views Located just 250 metres from the beach and 365 metres from Frankston Station Surrounded by shops, cafes, restaurants, parks, and public transport Outgoings: Council Rates: $1,071.45 per annum Water Rates: $691.60 per annum (4 x $172.90) Maintenance Fees: $1,142.08 per annum (4 x $285.52) Rental Income: Monthly Rent: $1,858.19 Annual Rent: $22,298.28 (note: this is subject to annual increases and the lease finishes on the 14th April 2028 at $25,082.59pa) This is an ideal opportunity for investors seeking a low-maintenance, high-convenience property without the typical challenges of a standard residential tenancy. With strong rental returns and the flexibility to either continue leasing or occupy in future, this bayview apartment offers the perfect balance of lifestyle and investment security.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Frankston over the last 12 months, the estimated median property value of 404/435 Nepean Highway is $197.5k.

Median value
$197.5k
Estimated value range
$80k - $610k
Median days on market
30
Estimated value trend
-30%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 404/435 Nepean Highway

2025
Sold
$225,000
Private Sale/Treaty on 03 Oct 2025 by Adrian Foster, of fosterfroling Real Estate

Happy sellers in Frankston

91%
91% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 217 reviews in Frankston over the last 12 months.

Local market activity for 1 bedroom apartments in Frankston

In the last 12 months, 32 one-bedroom apartments similar to 404/435 Nepean Highway, have been sold.

This represents a 15% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankston

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Luke Magree

Sellers who recommend Luke Magree have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and well-prepared

  •   5   (252 reviews)
  •  41 Reviews in Frankston
  •  100 Sales in Frankston
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Michael McClure

Michael McClure is a recommended agent for Frankston.  They have 35 local sales and collected 37 local reviews across the last 12 months.

  •   4.9   (463 reviews)
  •  37 Reviews in Frankston
  •  35 Sales in Frankston
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Adam Price

Sellers who recommend Adam Price have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and well-prepared

  •   5   (103 reviews)
  •  19 Reviews in Frankston
  •  22 Sales in Frankston
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Brooke Wegener

Sellers who recommend Brooke Wegener have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and reliable

  •   4.9   (174 reviews)
  •  13 Reviews in Frankston
  •  18 Sales in Frankston
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